Real estate rates gain overnight
30-year fixed rate up to 5.9%; 10-year Treasury yield at 4.15%
By Inman News, Tuesday, December 18, 2007.Long-term mortgage interest rates continued higher Monday, and the benchmark 10-year Treasury bond yield dropped to 4.15 percent.
The 30-year fixed-rate average climbed to 5.9 percent, and the 15-year fixed rate gained to 5.47 percent. The 1-year adjustable rate was up at 5.59 percent.
The 30-year Treasury bond yield edged down to 4.58 percent.
Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.
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